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6527 Falcons Hts San Antonio, TX 78233

3 Beds 3 Baths 1,697 sqft Built 2003

$199,900

List Price

$1,380

$1.2K - $1.5K

Rent Est.

$58,724

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+8.0%)
1 YR. PROJ. APPRECIATION


Cap Rate	2.9%
Cash Flow	-$612
Value Increase	$16,473

10 YEAR

Cash On Cash	-5.0%
Total Return	10.6%

PROPERTY INFO

November 28, 2020 RECENTLY ADDED

FACTS

Single Family
Built In 2003
Price/Sqft : $117.80
3 Days on Market
MLS # : 1497149
Updated Date : 11/28/2020 at 04:36

CONSTRUCTION

Beds : 3
Floor Size : 1,697 sqft
Baths : 2 full , 1 half

Listing Agent

New Home Conexion Realty

Listing Agent's Description

Great starter Home in Northeast San Antonio. Easy access to 35 and Loop. Close to Randolph AFB and Ft Sam Houston. Home is very open floorplan and has oversized Bedrooms, and a large Family Dining room combo area. Huge Kitchen, Great Back yard with lots of room to grow! Come pick your flooring and paint colors and put your personal touch and make this home yours. Home is Vacant and easy to show!

6527 Falcons Height

San Antonio, Texas

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MARKET HIGHLIGHTS

San Antonio Market Report

The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

Five Fortune 500 companies are headquartered in San Antonio: Valero Energy; Tesoro; United Services Automobile Association (USAA); CST Brands; and iHeart Media (Formerly CC Media Holdings).
The metro employment growth is at 2.3 per cent and predicted to be at 2.2% in 2019 (USMayors.org, 2018)

San Antonio metro has 60.7 percent labor force participation rate (USMayors.org, 2018)

Neighborhood: Valley Forge

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Valley Forge

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME	EDUCATIONAL LEVEL	SCHOOL TYPE	# OF STUDENTS	# OF TEACHERS	GREATSCHOOLS RATING
Woodstone Elementary School	Primary	Regular	857	51	3
Wood Middle School	Middle	Regular	1,042	65	4
Roosevelt High School	High	Regular	2,916	186	4

Woodstone Elementary School

Education Level: Primary
# of students: 857
# of teachers: 51

GreatSchools Rating

Wood Middle School

Education Level: Middle
# of students: 1,042
# of teachers: 65

GreatSchools Rating

Roosevelt High School

Education Level: High
# of students: 2,916
# of teachers: 186

GreatSchools Rating

FINANCIALS

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$179,910$219,89000$199,900

PURCHASE PRICE

$1,242$1,51800$1,380

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$1,380
EXPENSES	Loan Payment	-$738
	Property Tax	-$446
	Property Insurance	-$125
	HOA	-$23
	Property Management Fees	-$99



CASH FLOW -$51

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$199,900

PROJECTED PRICE

$1,380

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	3.31%
Appreciation Year (1-5)	8.0%
Maintenance Year (1-5)	8.00%
Vacancy	9.54%
Length of Stay Years	2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$58,724

Down Payment	$49,975
Rehab Estimate	$5,750
Closing Costs	$2,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$738

MONTHLY LOAN PAYMENT

30 yr

4.25%

25.00%

Down Payment

Term	30 Years
Interest	4.25%
Down Payment	$49,975
Loan Amount	$149,925

See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$2,608

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

$1,380
LIST RENT
$0.81
LIST RENT PER SQFT

$1,464
COMP ESTIMATED VALUE
$0.86
COMP AVG. RENT PER SQFT

Comps Range

$1,380

1$1,3802$1,4003$1,4004$1,4755$1,575

$1,575

RENT COMPS ANALYSIS

1,697
PROPERTY SQFT
$0.86
AVG RENT PER SQFT
$1,464
ESTIMATED VALUE
$1,380
LIST RENT

6527 Falcons Hts San Antonio, TX 3

3 beds 3 baths ∙ 1,697 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,697 Sqft ∙ Built 2003
Price

Price Per SQFT

$199,900

$117.80
14206 Dusky Thrush San Antonio, TX 1

3 beds 2 baths ∙ 1,575 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,575 Sqft ∙ Built 2006
SOLD 09/28/20
Price

Price Per SQFT

$185,000

$117.46
14223 Bobolink Cove San Antonio, TX 2

3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2006
SOLD 10/02/20
Price

Price Per SQFT

$196,500

$118.66
6431 Ruffled Grouse San Antonio, TX 4

3 beds 3 baths ∙ 1,832 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,832 Sqft ∙ Built 2006
SOLD 11/20/20
Price

Price Per SQFT

$209,000

$114.08
14223 Yellow Warbler San Antonio, TX 5

3 beds 3 baths ∙ 1,765 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,765 Sqft ∙ Built 2006
SOLD 11/17/20
Price

Price Per SQFT

$213,000

$120.68

6527 Falcons Hts San Antonio, TX 1

3 beds 3 baths ∙ 1,697 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,697 Sqft ∙ Built 2003
Rent

Rent Per SQFT

$1,380

$0.81
6611 Cibola Forest San Antonio, TX 2

4 beds 2 baths ∙ 1,526 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,526 Sqft ∙ Built 2006
LEASED 09/28/20
Rent

Rent Per SQFT

$1,400

$0.92
13227 Chavez Circle San Antonio, TX 3

4 beds 2 baths ∙ 1,697 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,697 Sqft ∙ Built 2004
LEASED 11/18/20
Rent

Rent Per SQFT

$1,400

$0.82
12915 Thomas Sumter St San Antonio, TX 4

3 beds 3 baths ∙ 1,892 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,892 Sqft ∙ Built 2006
LEASED 02/14/20
Rent

Rent Per SQFT

$1,475

$0.78
6602 Nora Vista Way San Antonio, TX 5

3 beds 2 baths ∙ 1,697 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,697 Sqft ∙ Built 2003
LEASED 05/06/20
Rent

Rent Per SQFT

$1,575

$0.93

PROPERTY LISTING DETAILS

Louis Espinar
1.210.396.1536
New Home Conexion Realty

Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027

San Antonio Board of Realtors ( SABOR)
MLS #: 1497149
Last Updated: 11/28/2020

6527 Falcons Hts San Antonio, TX 78233

$199,900

$1,380

$58,724

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Woodstone Elementary School

Wood Middle School

Roosevelt High School

FINANCIALS

$179,910$219,89000$199,900

$1,242$1,51800$1,380

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$199,900

$1,380

0.69%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$738

1.67

$2,608

$199,900

$117.8

$199,771

$117.72

COMPS RANGE

PRICE COMPS ANALYSIS

$1,380

$0.81

$1,464

$0.86

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS